Last edit by: TravelinSperry
All offers are expired/dead as of March 31, 2017
AA: https://scs.fidelity.com/other/offer...shtml?MSC=AA01
United: https://scs.fidelity.com/other/offer...shtml?MSC=UA01
Delta: https://scs.fidelity.com/other/offer...on_delta.shtml
Update as of May 21, 2014 - in recent weeks some people have reported being told that they are no longer eligible for this offer, in spite of meeting the previous terms and conditions. Some Fidelity representatives are saying that these offers are targeted. Note the bold words in the the terms and conditions below - "Other terms and conditions may apply."
The funds or securities must stay in the account for 9 months
The offer may be repeated every 365 days if the terms were met (rolling 12 months)
The funds may not already be in a Fidelity account, but must be sourced from elsewhere
If you are moving funds or securities out of Fidelity, with intent to move it back to claim this bonus, members have recommended to keep the funds/securities out for at least 3 months to avoid risk of losing eligibility for the deposit. Some have been told unofficially by advisers 30 days. YMMV.
Members who have pulled funds/deposits out within 9 months have reported they were allowed to keep the miles, but were banned for life from being able to repeat the offer.
Added September 26, 2016:
Any withdrawals from the account during the qualification period will count against the total deposited. This includes dividends upon you may dependent to live. So be sure to transfer assets whose value covers the minimum you need plus any you might withdraw during those 60 days.
It is strongly suggested you register for the offer you want by calling Fidelity's Promotion Department at (800)544-5315, as the online registration has been flaky in the past. Also, if you have high net worth, a "High Net Worth supervisor" may be able to help - simply call the Premium Services number on your account statement to find someone who has the power to do most anything. Get the name and phone number of the person you spoke with and ask him or her to note in your account that you have been approved, and by whom. Then, if after you transfer assets you get an email saying you are not eligible for the offer for which you registered (yes, this has happened), call the rep again, asking to read the notes on your account. You will probably be told that the email was automated and was sent in error and that they will hand babysit the funding and resultant miles.
If the registration page tells you are not eligible because you have had the offer before, call one of the above numbers. You are eligible after on year. That year probably starts counting when the miles are awarded, not when you register or when you add assets.
Trusts require extra caution on their part. Sometimes they require that you give them a lot of paperwork for trusts. If you have a local Fidelity office, just bring in everything required and they will copy and mail it for you. Easy. Otherwise, just mail it in. If upon trying to register online you are informed that your Revocable Living Trust account is not eligible, well, just call one of the above numbers, because it is eligible. They just have to verify a few things and then override the system. They want to know that you are the only trustee and the only beneficiary.
From the Terms and Conditions page:
Promotional Offer Rules:
This promotional offer is only available to new or existing Fidelity brokerage account customers opening or depositing net new assets into a joint or individual nonretirement Fidelity Account®. Net new assets are defined as an individual’s external new money in minus money out, including distributions and transfers.
This offer expires September 30, 2014, and is not transferable or valid in conjunction with any other Fidelity promotional offer. Fidelity Investments reserves the right to modify, change, or alter the terms and conditions of the promotional offer in its sole discretion at any time. Fidelity Investments may terminate this promotional offer at any time. Other terms and conditions may apply.
Promotional offers are limited to one per individual per rolling 12 months.
The promotion is not available for business accounts; trust accounts; mutual fund only accounts; retirement accounts, including, among others, Fidelity IRA, Roth IRA, SEP, and SIMPLE accounts; 401(k) and 403(b) workplace retirement plans; fiduciary accounts (including custodial accounts, estate accounts); 529 college savings plan accounts (i.e. college investment trust accounts); Fidelity accounts managed by Strategic Advisers, Inc. (for example, Portfolio Advisory Services); Institutional Wealth Services (IWS) clients; clients of registered investment advisors working with Fidelity Investments; annuities; and Stock Plan Services accounts. Offer is not valid for non-U.S. residents; persons affiliated with FINRA, a securities exchange or its members; employees of Fidelity, its affiliates, and members of their immediate families and households; or the media.
Certain states and local jurisdictions have laws that limit or restrict public employees from accepting items of value from vendors such as Fidelity that provide services to public institutions. Some public entities such as governments, state universities, health care organizations, etc., also have internal policies that may contain similar restrictions. If you are a public official or employee, you should determine if one of these laws or internal policies applies to you. By accepting this incentive, we assume that you are in compliance with your jurisdiction's laws and institution's internal policies.
Transferred assets will be valued, for the purposes of determining eligibility for this promotional offer, at the close of business Eastern time on the business day or next business day, if on a weekend day or holiday, following receipt by Fidelity Investments of the assets into the account that is eligible for the promotional offer. Funding must come from an external, non-Fidelity source via any standard monetary transfer method (a standard Transfer of Assets form, check, electronic funds transfer, ADM deposit, etc.). Please allow eight weeks from the funding of the eligible account, with the qualifying dollar amount of assets, for American Airlines AAdvantage® miles to be posted to your AAdvantage® account. Your Fidelity Account® must remain open with the qualifying funding for six months from the date that the qualifying assets are first received in the eligible account.
New accounts must be opened within 30 days of registering for the offer. Additional deposits to the eligible Fidelity account may earn you a higher mileage award provided the result is that the cumulative assets meet or exceed the next eligibility tier (up to a maximum of 50,000 AAdvantage® miles). For new accounts, initial and subsequent deposits must be made within 60 days of Fidelity account opening. For new money deposited into existing accounts, all deposits must be made within 60 days of registering for the offer.
AA: https://scs.fidelity.com/other/offer...shtml?MSC=AA01
United: https://scs.fidelity.com/other/offer...shtml?MSC=UA01
Delta: https://scs.fidelity.com/other/offer...on_delta.shtml
Update as of May 21, 2014 - in recent weeks some people have reported being told that they are no longer eligible for this offer, in spite of meeting the previous terms and conditions. Some Fidelity representatives are saying that these offers are targeted. Note the bold words in the the terms and conditions below - "Other terms and conditions may apply."
The funds or securities must stay in the account for 9 months
The offer may be repeated every 365 days if the terms were met (rolling 12 months)
The funds may not already be in a Fidelity account, but must be sourced from elsewhere
If you are moving funds or securities out of Fidelity, with intent to move it back to claim this bonus, members have recommended to keep the funds/securities out for at least 3 months to avoid risk of losing eligibility for the deposit. Some have been told unofficially by advisers 30 days. YMMV.
Members who have pulled funds/deposits out within 9 months have reported they were allowed to keep the miles, but were banned for life from being able to repeat the offer.
Added September 26, 2016:
Any withdrawals from the account during the qualification period will count against the total deposited. This includes dividends upon you may dependent to live. So be sure to transfer assets whose value covers the minimum you need plus any you might withdraw during those 60 days.
It is strongly suggested you register for the offer you want by calling Fidelity's Promotion Department at (800)544-5315, as the online registration has been flaky in the past. Also, if you have high net worth, a "High Net Worth supervisor" may be able to help - simply call the Premium Services number on your account statement to find someone who has the power to do most anything. Get the name and phone number of the person you spoke with and ask him or her to note in your account that you have been approved, and by whom. Then, if after you transfer assets you get an email saying you are not eligible for the offer for which you registered (yes, this has happened), call the rep again, asking to read the notes on your account. You will probably be told that the email was automated and was sent in error and that they will hand babysit the funding and resultant miles.
If the registration page tells you are not eligible because you have had the offer before, call one of the above numbers. You are eligible after on year. That year probably starts counting when the miles are awarded, not when you register or when you add assets.
Trusts require extra caution on their part. Sometimes they require that you give them a lot of paperwork for trusts. If you have a local Fidelity office, just bring in everything required and they will copy and mail it for you. Easy. Otherwise, just mail it in. If upon trying to register online you are informed that your Revocable Living Trust account is not eligible, well, just call one of the above numbers, because it is eligible. They just have to verify a few things and then override the system. They want to know that you are the only trustee and the only beneficiary.
From the Terms and Conditions page:
Promotional Offer Rules:
This promotional offer is only available to new or existing Fidelity brokerage account customers opening or depositing net new assets into a joint or individual nonretirement Fidelity Account®. Net new assets are defined as an individual’s external new money in minus money out, including distributions and transfers.
This offer expires September 30, 2014, and is not transferable or valid in conjunction with any other Fidelity promotional offer. Fidelity Investments reserves the right to modify, change, or alter the terms and conditions of the promotional offer in its sole discretion at any time. Fidelity Investments may terminate this promotional offer at any time. Other terms and conditions may apply.
Promotional offers are limited to one per individual per rolling 12 months.
The promotion is not available for business accounts; trust accounts; mutual fund only accounts; retirement accounts, including, among others, Fidelity IRA, Roth IRA, SEP, and SIMPLE accounts; 401(k) and 403(b) workplace retirement plans; fiduciary accounts (including custodial accounts, estate accounts); 529 college savings plan accounts (i.e. college investment trust accounts); Fidelity accounts managed by Strategic Advisers, Inc. (for example, Portfolio Advisory Services); Institutional Wealth Services (IWS) clients; clients of registered investment advisors working with Fidelity Investments; annuities; and Stock Plan Services accounts. Offer is not valid for non-U.S. residents; persons affiliated with FINRA, a securities exchange or its members; employees of Fidelity, its affiliates, and members of their immediate families and households; or the media.
Certain states and local jurisdictions have laws that limit or restrict public employees from accepting items of value from vendors such as Fidelity that provide services to public institutions. Some public entities such as governments, state universities, health care organizations, etc., also have internal policies that may contain similar restrictions. If you are a public official or employee, you should determine if one of these laws or internal policies applies to you. By accepting this incentive, we assume that you are in compliance with your jurisdiction's laws and institution's internal policies.
Transferred assets will be valued, for the purposes of determining eligibility for this promotional offer, at the close of business Eastern time on the business day or next business day, if on a weekend day or holiday, following receipt by Fidelity Investments of the assets into the account that is eligible for the promotional offer. Funding must come from an external, non-Fidelity source via any standard monetary transfer method (a standard Transfer of Assets form, check, electronic funds transfer, ADM deposit, etc.). Please allow eight weeks from the funding of the eligible account, with the qualifying dollar amount of assets, for American Airlines AAdvantage® miles to be posted to your AAdvantage® account. Your Fidelity Account® must remain open with the qualifying funding for six months from the date that the qualifying assets are first received in the eligible account.
New accounts must be opened within 30 days of registering for the offer. Additional deposits to the eligible Fidelity account may earn you a higher mileage award provided the result is that the cumulative assets meet or exceed the next eligibility tier (up to a maximum of 50,000 AAdvantage® miles). For new accounts, initial and subsequent deposits must be made within 60 days of Fidelity account opening. For new money deposited into existing accounts, all deposits must be made within 60 days of registering for the offer.
Fidelity Bonus offers for airline miles & hotel points [EXPIRED March 31, 2017]
#751
Join Date: Mar 2010
Location: mountains of western NC
Programs: Life, Love and Laughter
Posts: 8,537
Lovely, so, after 12 months does it automatically give me a new bonus or I need to move money out and then back in? Are there any other similar offer where I can park money while waiting for the 12 mo clock to run?
Also, I am not looking to double dip with the same money. There is no mention as to if it is ok to open a second account and move a second 100k in and get a second bonus. If I put the money in the first account, get my 50k miles and leave that money sitting as I wait for the 12 mo clock to run out, can a second account with a second 100k earn me a second 50k before the 12 mo clock?
Also, I am not looking to double dip with the same money. There is no mention as to if it is ok to open a second account and move a second 100k in and get a second bonus. If I put the money in the first account, get my 50k miles and leave that money sitting as I wait for the 12 mo clock to run out, can a second account with a second 100k earn me a second 50k before the 12 mo clock?
#752
Join Date: May 2011
Programs: Spg Gold, Hilton Diamond, Hyatt Diamond
Posts: 1,578
Lovely, so, after 12 months does it automatically give me a new bonus or I need to move money out and then back in? Are there any other similar offer where I can park money while waiting for the 12 mo clock to run?
Also, I am not looking to double dip with the same money. There is no mention as to if it is ok to open a second account and move a second 100k in and get a second bonus. If I put the money in the first account, get my 50k miles and leave that money sitting as I wait for the 12 mo clock to run out, can a second account with a second 100k earn me a second 50k before the 12 mo clock?
Also, I am not looking to double dip with the same money. There is no mention as to if it is ok to open a second account and move a second 100k in and get a second bonus. If I put the money in the first account, get my 50k miles and leave that money sitting as I wait for the 12 mo clock to run out, can a second account with a second 100k earn me a second 50k before the 12 mo clock?
#754
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,760
What makes you think investing in stock would earn you interest?
#755
Join Date: Apr 2003
Location: MCI
Programs: AA, DL, WN, HHonors Diamond, IHG Platinum, Marriott, Hyatt
Posts: 249
So,
I opened a new Fidelity account, put 145k in and got my 50k miles from United. If I leave that $ in the account, open a second Fidelity account and move 120k into it, can I get a second 50k bonus? If not, how can I best move money around to trigger bonuses on the other airlines if I can't double up on United? Thanks!
I opened a new Fidelity account, put 145k in and got my 50k miles from United. If I leave that $ in the account, open a second Fidelity account and move 120k into it, can I get a second 50k bonus? If not, how can I best move money around to trigger bonuses on the other airlines if I can't double up on United? Thanks!
Thanks
#757
Join Date: May 2006
Location: Melbourne, Florida, USA
Posts: 2,983
How about bonds, like this one: http://fundresearch.fidelity.com/mut...ary/316128503?
#758
FlyerTalk Evangelist
Join Date: Dec 2000
Location: south of WAS DC
Posts: 10,131
Lovely, so, after 12 months does it automatically give me a new bonus or I need to move money out and then back in? Are there any other similar offer where I can park money while waiting for the 12 mo clock to run?
Also, I am not looking to double dip with the same money. There is no mention as to if it is ok to open a second account and move a second 100k in and get a second bonus. If I put the money in the first account, get my 50k miles and leave that money sitting as I wait for the 12 mo clock to run out, can a second account with a second 100k earn me a second 50k before the 12 mo clock?
Also, I am not looking to double dip with the same money. There is no mention as to if it is ok to open a second account and move a second 100k in and get a second bonus. If I put the money in the first account, get my 50k miles and leave that money sitting as I wait for the 12 mo clock to run out, can a second account with a second 100k earn me a second 50k before the 12 mo clock?
#759
FlyerTalk Evangelist
Join Date: Dec 2000
Location: south of WAS DC
Posts: 10,131
ING interest rate
idg 7.375
igk 8.5
ind 7.05
inz 7.2
isf 6.375
isg 6.125
isp 6.2
i think for myself, the risk is worth the interest. i bought 100k of these, and sent them to fido. they count for the 100k. i sent a second pile for my wife. according to the rules as best as i could read them, i must keep the money (securities)in for 6 months.
i plan to pull them at 6 months, then 6 months after i pull them, send them back for another 50k+50k. as i recall, it was not clear to me if i just left them sitting if fido would mail me 50+50 miles in another year from initial investment
Last edited by slawecki; Dec 7, 2012 at 4:11 pm
#760
Join Date: Mar 2010
Location: mountains of western NC
Programs: Life, Love and Laughter
Posts: 8,537
You need to bring in new money/stocks/bonds to your Fidelity account if you want to get miles a second time.
In 2010 I placed $100,000+ worth of municipal bonds into a new Fidelity account for 50,000 AA miles. After 6 months, I transferred my bonds back to my regular brokerage account. My Fidelity account has sat at 0 ever since. This week I applied to do the deal a second time for 50,000 UA miles. I have begun the process of transferring $100,000+ plus of municipal bonds into my Fidelity account and will leave them there for 6 months.
I can't imagine an easier way to earn miles as it costs me nothing except for a little bit of my time to make the transfer and keep track of an additional account. Basically I am earning 50,000 miles for a couple hours of my time. ^
In 2010 I placed $100,000+ worth of municipal bonds into a new Fidelity account for 50,000 AA miles. After 6 months, I transferred my bonds back to my regular brokerage account. My Fidelity account has sat at 0 ever since. This week I applied to do the deal a second time for 50,000 UA miles. I have begun the process of transferring $100,000+ plus of municipal bonds into my Fidelity account and will leave them there for 6 months.
I can't imagine an easier way to earn miles as it costs me nothing except for a little bit of my time to make the transfer and keep track of an additional account. Basically I am earning 50,000 miles for a couple hours of my time. ^
Last edited by onthego15; Dec 11, 2012 at 11:01 am Reason: typo
#761
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,760
How about bonds, like this one: http://fundresearch.fidelity.com/mut...ary/316128503?
Bond mutual funds are worse because unlike a real bond, there is no face value. With real bond, you could hold the bond till maturity and still get back the face value. Not so with bond funds.
Those who think about to start investing in bond mutual funds at this level of interest rate (that has been on for such a long period of time) should really really do some studying to understand this instrument and the risk entails.
#762
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,760
The answer is NO. New Money/Securities only.
#763
FlyerTalk Evangelist
Join Date: Dec 2000
Location: south of WAS DC
Posts: 10,131
#764
FlyerTalk Evangelist
Join Date: Dec 2000
Location: south of WAS DC
Posts: 10,131
Bonds are tricky. The market value of Bonds fluctuate just like stocks, while you get the coupon payment, there is no guarantee you can get back your full investment at the time you need to liquidate. Bond value goes up and down in opposite direction as interest rate. How much you think interest rate could go down further? How much you think the interest rate could head back up?
Bond mutual funds are worse because unlike a real bond, there is no face value. With real bond, you could hold the bond till maturity and still get back the face value. Not so with bond funds.
Those who think about to start investing in bond mutual funds at this level of interest rate (that has been on for such a long period of time) should really really do some studying to understand this instrument and the risk entails.
Bond mutual funds are worse because unlike a real bond, there is no face value. With real bond, you could hold the bond till maturity and still get back the face value. Not so with bond funds.
Those who think about to start investing in bond mutual funds at this level of interest rate (that has been on for such a long period of time) should really really do some studying to understand this instrument and the risk entails.
#765
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,760
Below is a very simplified explanation.
If interest rate shoots up (unlikely, at least not in a rapid speed), the NAV would fall like a rock. And you cannot expect to get back the full investment even by holding and holding and holding unless the interest rate drops back down to when you put money in. An ACTUAL Bond has a FACE VALUE that is how much you would get back at Maturity. Unless the issuer defaults, you would get back 100% of your investment by holding the bonds till maturity.
If I invest in bonds, I would pick individual bonds instead of a bond mutual fund. period.